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So i recently started my own LLC that I plan taking mortgages on my rentals with. I understand that the mortgages will still be under me ultimately but how do I go about applying for one under the name of my company? ...
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Here is a subject I am not understanding very well and maybe someone can help me out.I currently have one rental house that is under my name, but I plan to make an LLC and transfer title. I understand that the mortgag...
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Happy Thursday, BP family!I am doing my homework on financing options that will work best for me right now in our current market environment. I've come across the concept of lenders including Due on Sale clauses when ...
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i have a tenant that wants to pay me monthly rent through direct deposit. this would be going into the rental checking account for that specific unit. is it safe for me to give the tenant my routing and account number...
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I have always chunked these in the trash but happened to open one yesterday. Credit card I haven't used in years extending 0% for 15 months and 2% for 21 months. I believe there was a 3 or 4 % fee to use. Curious as...
Hi BP Community,Can you provide some guidance on the best way to purchase a rental property given the below scenario? Thanks!4 Partners planning to purchase rental property using conventional financing. Our lender has...
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One of my tenant inform me that she is switch banking, as a result, she need set up new ACH to pay the rent. The process include she initiated a try deposit into my bank account which it went through. After I told her...
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Hello BP,Currently house-hacking a duplex purchased at the end of May using private money but am running into the road block of finding a bank in my area that is willing to work with a Quit Claim Deed. Obviously I am ...
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Hi all! I have one town home I am currently living in and hoping to rent beginning in 2023! (hoping to do a mid-term rental, furnished, focusing on professionals/traveling nurses). I know I need to get a credit card a...
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On MLS, on property description it states
Buyer Pays Transfer Tax. Rehab or Cash offers
What does it mean to "buyer pays transfer tax and Rehab offer? How do you get a rehab offer?
I'm pretty sure cash offer woul...